battery manufacturing

Europe’s leading battery maker, Northvolt, has started building a battery cell factory in Heide, Germany. The facility will employ roughly 3,000 people with a maximum annual production capacity of 60 GWh. It will begin operations in 2026.

Battery storage revenues in Britain are well below historic highs but an appetite for storage capacity remains. Electricity system-operator modernization, increased competition, and new opportunities could all shape the future of British battery energy storage systems (BESS’).

Dutch startup LionVolt has acquired AMTE Power’s battery cell production line in Scotland. It says it will use the assets for pilot production of its 3D solid-state thin-film batteries.

Europe’s leading battery maker, Northvolt, has signed a $5 billion non-recourse project financing arrangement to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.

Gotion High-Tech has started making battery packs at its 20 GWh automated plant in Göttingen, Germany. It expects deliveries to clients in Europe to commence in October.

Hithium, a Chinese manufacturer of lithium-ion stationary energy storage systems, has announced a Series C funding round consisting of more than CNY 4.5 billion ($622 million). It will primarily use the funds to expand production capacity, procure advanced equipment, and conduct R&D.

The new EU Batteries Regulation is a blueprint for product legislation, regulating the whole life cycle of batteries in the European Union. Advanced rechargeable and lithium batteries association Recharge says successful implementation of the new regulation requires the prioritization of safety, information reliability, feasibility, market surveillance, and enforcement.

Just weeks after announcing its intent to build a AUD 300 million ($210 million) lithium-ion battery manufacturing facility in Australia, Recharge Industries has reportedly joined a host of other bidders considering the revival of collapsed UK battery company Britishvolt. Investment could also revive plans to construct a battery cell gigafactory in northern England.

The Canadian province of Ontario will include a big slice of energy storage capacity as it plans its near-term grid requirements.

China’s Contemporary Amperex Technology Co. Ltd. (CATL) has announced plans to invest €7.34 billion ($7.6 billion) to build a 100 GWh battery plant in Debrecen, Hungary. It will be the company’s second battery cell manufacturing facility in Europe.